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$1,150,000
Est. payment /mo
4 Beds
3 Baths
1,744 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $659
MLS Listing ID 26732903
Bedrooms 4
HOA Y/N No
Year Built 1926
Lot Size 5,174 Sqft
Property Description
Exceptional opportunity in the heart of Hollywood, just moments from Larchmont Village, Paramount Pictures Studios, and the vibrant dining, shopping, and entertainment along Melrose Avenue. 1032-1034 N Ridgewood Place presents a well-located duplex on a flat lot, offering both immediate income and strong long-term upside in one of Los Angeles' most sought-after rental markets.The property features two separate units with substantial combined living space, ideal for owner-users, investors, or those seeking value-add potential. 2+1 front house, 2+2 back house (delivered vacant). The sizable lot provides flexibility for outdoor space, parking, or future enhancements. Positioned in a high-demand corridor with proximity to West Hollywood, Silver Lake, and major employment hubs, the property benefits from consistent tenant demand.With favorable zoning characteristics typical of the area, there may be potential for expansion, additional units, or ADU opportunities (buyer to verify), making this an attractive option for those looking to maximize long-term value.Buyer to independently verify all information, including but not limited to square footage, lot size, zoning, development potential, and building possibilities with the appropriate city departments. Broker and seller make no guarantees as to accuracy.A compelling investment opportunity in a prime Hollywood location with both current income and future upside.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Rooms
Other Rooms Guest House
Interior
Heating Central
Fireplace No
Appliance Dishwasher
Exterior
Parking Features Driveway
Building
Entry Level One
Architectural Style Contemporary
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 5536017024
Special Listing Condition Standard
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Listed by Bonnie Hyde Coldwell Banker Realty #02198196
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